This paper addresses the financial risks faced by New York dairy farmers by discussing and developing prescriptive risk-contingent operating and mortgage loan contracts. It is argued that structured credit products with an imbedded contingent claim or price put option can effectively reduce or...

Production and consumption of dairy alternative beverages in the United States has been on the rise as per capita consumption of fluid milk continues to fall. Almond milk and soymilk are the fastest growing categories in the U.S. dairy alternative marketplace. Using household level purchase data...

"In the 1960s, Tillamook County was at war with itself. As the regional dairy industry shifted from small local factories to larger consolidated factories, as food safety and factory conditions became more important, as the profit margins between milk and cheese collapsed, Tillamook farmers...